BUSINESS ADMINISTRATION
BUSINESS LAW
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Pay when due.
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Payer
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Drawer
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Honor
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Dishonor
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Explanation:
Detailed explanation-1: -DEFINITIONS1. if a bank honours a cheque, it agrees to pay the amount of money written on the cheque to the person the cheque is written to.
Detailed explanation-2: -Proverbs 3:27-Do not withhold good from those to whom it is due, when it is in your power to act. If you have the power to do good, do it as unto the Lord.
Detailed explanation-3: -Romans 13:1–7 describes the responsibility for Christians to live in submission to the human authorities in government. The reason given is that every government leader has ultimately been established by God for His own purposes. Generally speaking, human government serves to rein in and punish those who do evil.
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